Albuquerque, N.M. – A formerly empty parcel on Central Avenue is now home to Somos, a mixed‑income housing project that adds 70 new apartments to the International District. The development, located at 7200 Central Ave. SE beside Talin Market, includes 59 income‑restricted units and 11 market‑rate homes, with eight percent of the units set aside for residents age 55 and older.
Design that supports families and seniors
Somos was built with Universal Design features such as wider doorways, single‑level living spaces and grab‑bars, ensuring that homes remain accessible as residents age. By reserving units for older adults, the project helps families keep loved ones close to community resources and familiar surroundings, reinforcing the traditional family structure that strengthens neighborhoods.
Economic boost for the district
The project also brings ground‑floor commercial space, new landscaping and upgraded lighting along Central Avenue and Alcazar Street. These improvements are expected to attract new businesses, increase foot traffic for existing merchants, and create jobs for local residents. Proximity to the ART International District Station makes the site transit‑friendly, encouraging commuters to shop and dine locally.
Public‑private partnership and financing
The City of Albuquerque contributed the land and approved a seven‑year redevelopment tax abatement valued at $514,376, a prudent use of municipal tools to stimulate private investment. Financing for Somos came from a blend of public sources: $4 million from the New Mexico Housing Trust Fund, $5.18 million in federal HOME funds, and $1 million from the American Rescue Plan Act. This combination of state, federal and local resources demonstrates how government can partner with developers to address affordable housing needs without burdening taxpayers.
Benefits for the community
Mixed‑income housing like Somos promotes economic diversity, reduces segregation, and offers stable, affordable options for working families. The inclusion of market‑rate units helps integrate residents of varying incomes, fostering a sense of shared responsibility and community pride. For seniors, the senior‑reserved units provide a safe, accessible environment that allows them to age in place while staying connected to family and neighbors.
Looking ahead
City officials have expressed optimism that the project will serve as a model for future redevelopment efforts in the International District and beyond. By leveraging tax abatements and federal housing programs, Albuquerque can continue to revitalize underused properties, create affordable homes, and support local commerce—all while upholding the values of family, faith, and individual liberty that define our community.
Residents and business owners are encouraged to explore the new commercial spaces and enjoy the enhanced streetscape. As the International District grows, Somos stands as a tangible example of how thoughtful development can bring together families, seniors, and entrepreneurs to build a stronger, more vibrant Albuquerque.
Original reporting: KOAT Albuquerque — read the source article.
